Dan Frey Home Loans
Call Dan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$366,865$366,865$430,200
Remaining term (yrs)25.025.030.0
Secondary amount$0$63,335$0
Funding fee$1,834$1,834$0
Note rate3.010%3.010%7.400%
Blended rate3.010%3.892%7.640%
1st payment$1,733.89$1,733.89$2,978.62
2nd payment$0.00$475.02$0.00
Taxes / mo$355.63$355.63$355.63
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.04
HOA / mo$0.00$0.00$0.00
Total monthly$2,256.19$2,731.20$3,586.96
Cash to close$111,135$47,800$47,800